Featured Bribery & Corruption

South African finance minister resigns after graft testimony

AP — South Africa’s finance minister resigned on Tuesday after acknowledging missteps during the scandal-tainted tenure of former president Jacob Zuma. The resignation of Nhlanhla Nene was announced by President Cyril Ramaphosa, who has pledged to clean up corruption and revive South Africa’s economy, which is… Read More

Saudi anti-corruption sweep will reach low-level cases -official

Saudi Arabia’s public prosecutor said on Tuesday that the government campaign against corruption, which targeted the business and political elite last year, would work its way through lower-level offences. “The campaign is ongoing as long as there is even a simple case (of corruption) … and it will not end… Read More

Dramatic Kenyan bribery law underscores the new reality: Washington and London have no monopoly on talking tough

Kenya’s new Bribery Act, which pairs onerous obligations with severe penalties, may mark the start of a new era in which developing countries pass and enforce anti-bribery laws that are far more stringent than those in “traditional” compliance jurisdictions. Read More
11th October 2018
AP — Across Latin America, prosecutors have been pressing charges in recent years against politicians accused of corruption in the scandal involving Brazilian construction giant Odebrecht, which admitted to paying $800 million in bribes in the region. Not in Mexico. Evidence that could shed light on bribes paid… Read More
10th October 2018
AP — South Africa’s finance minister resigned on Tuesday after acknowledging missteps during the scandal-tainted tenure of former president Jacob Zuma. The resignation of Nhlanhla Nene was announced by President Cyril Ramaphosa, who has pledged to clean up corruption and revive South Africa’s economy, which is… Read More
9th October 2018
AP — Chinese authorities scrambled to contain a public relations mess over the disappearance of the former Interpol president during his trip home to China, saying Monday that he was being lawfully investigated for bribery and other crimes. But the government’s announcement did little to address… Read More
8th October 2018
Interpol has announced the resignation of its head Meng Hongwei, after he disappeared while on a trip to China. Beijing has now reportedly confirmed that he is under investigation by its National Supervision Commission, which deals with corruption cases. Amid speculation of Meng’s whereabouts, his wife Grace said he sent… Read More
1st October 2018
A Liberian court has issued arrest warrants for more than 30 former central bank officials in connection with $104 million that went missing on the way to the bank, according to a court document released on Friday. Former bank governor Milton Weeks and Charles Sirleaf, the son of the west… Read More
1st October 2018
Special courts set up in a drive against financial crime have sentenced three people to death in Iran, state television reported on Sunday, as the country faces renewed U.S. sanctions and a public outcry against profiteering and corruption. A judiciary official also warned truck drivers holding a nationwide strike over… Read More
28th September 2018
A London-based man who set up his home as a forgery factory and supplied orders for fake identity documents has been jailed for five years. Sergiy Mykhaylov, who is a Ukrainian national, set up computers and printers capable of producing tens of thousands of documents in his Stratford home. His… Read More
28th September 2018
South Africa has signed an extradition treaty with the United Arab Emirates, the justice minister said on Thursday, raising the prospect of the Gupta brothers, friends of former president Jacob Zuma, returning to face corruption charges. The Indian-born brothers – Ajay, Atul and Rajesh – have been accused of using… Read More
24th September 2018
Indian Prime Minister Narendra Modi faced calls for his resignation over allegations of corruption in a military jet deal with France after former French president Francois Hollande was quoted as saying New Delhi had influenced the choice of a local partner. Indian political parties have been gunning for Modi over… Read More
21st September 2018
A total of 21 money laundering charges have been prepared against former Malaysian prime minister Najib Razak in connection with a $681 million dollar transfer into his personal bank account, police said on Thursday. The charges include nine counts of receiving illegal proceeds, five counts of using illegal proceeds and… Read More
Must Read

Germany: Santander bank caught up in major tax evasion investigation

Prosecutors in Germany have launched a probe into the role Spanish bank Santander may have played in a widespread tax fraud scheme. The probe, which has seen the authorities examine the role of other banks, looks at allegations that Santander executed trades that facilitated ‘severe tax evasion’ between 2007 and… Read More

Denmark investigates Nordea Bank over money laundering allegation

Denmark’s state prosecutor has launched a probe into a complaint that Nordea Bank facilitated money laundering. The Danish State Prosecutor for Serious Economic and International Crime declined to name the firm that made the allegations, but said in a tweet: “We can confirm that we have received a report… Read More